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Wednesday, August 26, 2009

6th Pay Commission Arrears Calculator

Government to release pay commission arrears
The government has decided to pay the second installment of the Sixth Pay Commission arrears.
"As in the case of the first installment of the arrears, government servants would be permitted to deposit their arrears in their GPF (general provident fund) accounts," an internal finance ministry memorandum said.

The first installment of 40 per cent was paid last fiscal.

The finance ministry has not given any deadline for the payment of the second tranche, but sources said it would probably be paid around Diwali.

According to official estimates, the arrears will cost the government Rs 29,373 crore.

There are about 3.8 million central government pensioners (excluding armed forces) as estimated by the All India Central Government Pensioners Association (AICGPA). reports

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Sixth Pay Commission - Pay Fixation / Tentative Arrears Calculator; Input Details Required for Pay Fixation / Arrears Calculation


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